Case No. D59/01Income Tax Agreement • January 25th, 2002
Contract Type FiledJanuary 25th, 2002The taxpayer and his wife were the two directors of Company C which carried on the business of second-hand cars. In 1991, the taxpayer acquired Company G and took in new partners. During the relevant period, the taxpayer was a director of both companies which carried on the same kind of business at the same address. In April 1994, partners of the taxpayer decided to sell their shares in Company G to the taxpayer and his wife. Consequently the business of Company G was transferred to Company C to be carried on by that company.